Filing Flows › NVIDIA (NVDA) › Q2 FY27 › vs Q2 FY26
NVIDIA (NVDA) Q2 FY27 vs Q2 FY26 (year over year)
NVIDIA's revenue rose $49.5B (+106%) from $46.7B in Q2 FY26 to $96.2B in Q2 FY27. The biggest changes: Data Center +$47.9B (+117%); Edge Computing +$1.6B (+27%). Gross margin 75.0% against 72.4% (+2.6 pts).
NVIDIA, Q2 FY27: revenue $96.2B (+106% year over year), operating margin 66.2%, net earnings $59.7B, operating cash flow $24.1B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 75.0% | 72.4% | +2.6 pts |
| Operating margin | 66.2% | 60.8% | +5.4 pts |
| Net margin | 62.0% | 56.5% | +5.5 pts |
| Free cash flow margin | 22.2% | 28.8% | -6.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Hyperscale | $48.7B | $24.2B | $24.5B | +102% |
| AI Clouds, Industrial, & Enterprise | $40.3B | $16.9B | $23.4B | +138% |
| Data Center | $89.0B | $41.1B | $47.9B | +117% |
| Edge Computing | $7.2B | $5.6B | $1.6B | +27% |
| Revenue | $96.2B | $46.7B | $49.5B | +106% |
| Gross profit | $72.1B | $33.9B | $38.3B | +113% |
| Cost of revenue | $24.1B | $12.9B | $11.2B | +87% |
| Other income, net | $7.8B | $2.8B | $5.0B | +181% |
| Operating profit | $63.7B | $28.4B | $35.3B | +124% |
| Operating expenses | $8.4B | $5.4B | $3.0B | +55% |
| Pre-tax earnings | $71.5B | $31.2B | $40.3B | +129% |
| Research & development | $7.1B | $4.3B | $2.8B | +64% |
| SG&A | $1.4B | $1.1B | $232M | +21% |
| Net earnings | $59.7B | $26.4B | $33.3B | +126% |
| Income tax | $11.8B | $4.8B | $7.0B | +147% |
| Depreciation & amortization | $1.1B | $669M | $458M | +68% |
| Share-based compensation | $2.0B | $1.6B | $401M | +25% |
| Working capital & other | $38.8B | $13.4B | $25.4B | +190% |
| Operating cash flow | $24.1B | $15.4B | $8.7B | +57% |
| Free cash flow (OCF − capex) | $21.4B | $13.5B | $7.9B | +59% |
| Capital expenditures | $2.7B | $1.9B | $782M | +41% |
Questions
How much did NVIDIA's revenue grow year over year in Q2 FY27?
NVIDIA's revenue rose $49.5B (+106%) from $46.7B in Q2 FY26 to $96.2B in Q2 FY27.
What drove NVIDIA's revenue change in Q2 FY27?
Data Center +$47.9B (+117%); Edge Computing +$1.6B (+27%).